DOGE 4-hour K-line technical interpretation: signs of bulls appear, key price level analysis

【CryptoWorld】DOGE has recently exhibited clear bullish characteristics over the past 4 hours. The price has experienced a significant surge compared to 2025-12-12 16:00:00. Although there was a correction from the previous day’s 08:00:00, the candlestick pattern shows a clear bullish engulfing pattern, with the last candle closing higher than it opened, indicating a positive signal.

In terms of trading volume, there are signs of cooling down. Trading volume in the recent hours has significantly decreased compared to earlier periods. The continuous decline in volume alongside a price retracement reflects a decrease in market enthusiasm, with trading activity less active than before.

Technical indicators provide more details. The MACD currently does not show a clear trend; although the histogram remains negative, the magnitude is gradually narrowing, suggesting weakening bearish momentum and accumulating bullish strength. The KDJ indicator is currently neutral, with a value around 46, showing no golden cross or death cross, indicating that no clear buy or sell signals have formed yet. A divergence between volume and price is observed, which warrants attention.

From a technical perspective, key support is at 0.1327 below, and resistance is at 0.1509 above. The recent trading range is between 0.13561 and 0.1509. For bullish traders, 0.13561 and 0.1327 are two potential entry points, with stop-loss set at 0.13561. Bearish traders may focus on 0.1509 as a target for selling, with short positions also set with stop-loss at the same level. Overall, DOGE is in a consolidation phase; a break above 0.1509 would confirm an upward trend, while breaking below 0.1327 should be approached with caution.